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We will remain bullish in our approach to developing Oyo – Makinde
Oyo State Governor, Engineer Seyi Makinde, on Monday, presented the 2021 Appropriation Bill to members of the Oyo State House of Assembly, declaring that his government will remain bullish in its determination to develop the state.
Governor Makinde, who stated that though the government was able to grow the state’s Internally-Generated Revenue (IGR) geometrically in the last one year, recording a 26.4 percent year-on-year increase in IGR, it will not rest on its oars in its drive to take the state off its total dependence on federal allocation.
The governor added that his administration plans to increase the state’s IGR to N102,824,207,213.46 in the year 2021 up from the current N25.6 billion.
According to him, the state hopes to achieve that feat by widening the tax net, bringing more tax payers into the system without necessarily increasing taxes on the people.
A statement by Mr. Taiwo Adisa, Chief Press Secretary to Governor Makinde, indicated that the governor stated these at the House of Assembly Complex, Secretariat, Agodi, Ibadan, where he presented the 2021 Budget Proposal to members of the Assembly.
The governor appreciated the members of the House of Assembly for their cooperation over the past months, saying the successes recorded so far were due to their continuous support of the government’s fiscal policies, which have led to an impactful implementation of the Roadmap for Accelerated Development of Oyo State 2019-2023.
The governor added that his administration was able to make significant progress in the actualisation of its plans for the state in the last one year, saying: “We have been able to lower our infrastructural deficit, make improvements in healthcare delivery, improve the quality of education and achieve milestones in our security systems.
“We remained bullish in our approach to developing Oyo State. Let me share one of our biggest wins in the last year. You will recall that in my 2020 budget presentation, I had stated that from January 2020, we will be recording a monthly Internally Generated Revenue (IGR) of three billion Naira. I am happy to report to you that despite the effects of the COVID-19 pandemic on the economy, we were just less than two hundred million Naira shy of our target monthly. As at September 2020, we had recorded an IGR of 25.6billion Naira. And using the half-year figures, that represented a 26.4 percent increase in IGR year on year.
“Permit me to share some of our other wins from the 2020 fiscal year. You may recall, Mr. Speaker Sir, that one of the issues I highlighted that has been facing our state’s budget is underperformance. By the end of quarter one, (Q1), 2019 budget performance was 38 percent. We were determined to increase this and had set a mark of 70 percent performance. Honourable Members of the House, although we have not yet met up with our target, our budget performance as at now is above average at 50.32 percent. We accomplished this despite the economic shock induced by the pandemic.
“Let me quickly state that our use of the Alternative Project Funding Approach (APFA), the Contractor’s Project Financing Scheme, as well as targeted loans, have gone a long way to helping us to improve our budget performance.
“This year, we are again pegging our budget performance goal at 70 percent. Since we have been able to increase by 12 per cent points in performance over 2019 thus far, despite the economic challenges we faced, an additional 20 percent points increase should be attainable.”
Governor Makinde explained that the recurrent expenditure in the 2021 Budget Proposal stands at N136,262,990,009.41, while the capital expenditure is N130,381,283,295.63, saying that the larger share of N56.3 Billion or 21 per cent has been earmarked to the education sector, because his administration considers education as the only way out of poverty.
He added that the agriculture sector will receive an allocation of N9.5 billion, which is about 3.6 percent of the Budget proposal, stating that his administration’s plan to grow the state’s economy through agribusiness remains well on course.
The governor highlighted how the administration, in the last one year, began a massive turnaround of the agriculture sector, with partnership agreement with the International Institute of Tropical Agriculture (IITA) on the Start Them Early Programme in agribusiness and the ongoing upgrade of the former OYSADEP Headquarters, Saki, now rechristened the Oyo State Agribusiness Development Agency (OYSADA), among others, to drive the focus on agriculture.
The governor also said that the sum of N13.2 Billion was earmarked to the health sector, adding that the administration recorded tremendous achievements in the sector by turning the COVID-19 pandemic to an opportunity for aggressive turnaround of health facilities.
According to the governor, the government would go ahead with the revolution in the health sector with its plan to upgrade one Primary Health Care Centre across the 351 electoral Wards of the state, among other key efforts that will ensure the consummation of the works already started in reforming the health sector.
He said: “Mr. Speaker Sir, Distinguished Members of the Oyo State House of Assembly, please permit me, at this point, to present to you the Oyo State 2021 Budget Proposal. The total budgeted sum is Two Hundred and Sixty-Six Billion, Six Hundred and Forty-Four Million, Two Hundred and Seventy-Three Thousand, Three Hundred and Five Naira, Four kobo (₦266,644,273,305.04). This sum represents a 53.16 percent increase over the 2020 revised budget. Let me emphasise that the tenets of the Federation’s Fiscal Sustainability Plan (FSP) and other development aspirations were used as a guide in the preparation of the 2021 Budget.
“Mr. Speaker Sir, I must also mention that we have been able to resolve some of the issues around moribund industries in Oyo State. As you are aware, these have been a source of worry to members of this assembly and indeed the entire people of Oyo State. We have been able to put back in business state enterprises that have been laying waste for decades.
Among these moribund industries are the Pacesetter Quarry and Asphalt Plant, Ijaiye; the Pacesetter Fruit Processing Plant in Oko; and the Agbowo Shopping Complex in Ibadan.
“It will also please you to know that we have commenced the preparation of the Twenty-Year Oyo State Development Plan (2021-2040). Oyo State has never had such an overarching blueprint. The plan, when completed, will facilitate a speedy socio-economic development with the Medium-Term Sector Strategy and Medium-Term Expenditure Framework.
“It has, once again, been my honour to present this budget proposal to you, Mr. Speaker Sir and Distinguished Honourable Members of the House. It is my prayer that you give our proposal the usual consideration in a timely manner so that implementation may commence; and Oyo State will continue on the path to accelerated development.”
In his speech, the Speaker of the House, Rt. Hon. Ogundoyin described the 2021 Budget as pragmatic and realistic, commending the governor for ensuring the timely presentation of Appropriation and Finance Bills to the House.
This was as members of the House of Assembly, including the Deputy Speaker, Honourable Mohammed Abiodun Fadeyi; Majority and Minority Leaders, Hon. Sanjo Adedoyin and Hon. Asimiyu Alarape, respectively, as well as Hon. Wumi Oladeji severally commended the governor for different reasons bothering on good performance.
While speaking, the Speaker equally lauded the governor for the steps being taken to rebuild the state and place it on the pedestal of socio-economic growth and development, saying: “It is commendable that in the recent history of governance in Oyo State, the present administration, ably led by our diligent and highly energetic Governor, Engr Seyi Makinde has ensured that Appropriation and Finance Bills are timely presented before the House.
“This is particularly praiseworthy as it enhances the proper and meticulous monitoring and evaluation of Budget performance and prevents wasteful spending and improper execution of Government programs and projects.
“Let me assure that, as a House, we are always ready to perform our constitutional duty of law-making in particular and to also ensure that the Executive arm of Government encounters no legal impediment in the performance of its functions for the overall welfare and wellbeing of the State and its residents.”
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IGP Steps In: FCID to Investigate Death of Man Detained Over N220,000 Debt
The Kwara State Police Command has confirmed the death of a 35-year-old man, Jimoh Abdulquadri, who passed away in police custody in the early hours of Friday.
Abdulquadri, who was arrested on December 19, 2024, reportedly died under controversial circumstances, with his family accusing police operatives of subjecting him to brutal treatment during his detention. Reports indicate that the deceased had been detained over an alleged debt of N220,000 owed to an individual identified as Peter.
In response to the incident, the Inspector-General of Police (IGP), Kayode Adeolu Egbetokun, has directed the Force Criminal Investigations Department (FCID) to immediately take over the case. A statement issued by the Force Public Relations Officer, ACP Olumuyiwa Adejobi, revealed that the IGP also visited Kwara State to meet with the bereaved family.
During the visit, the IGP was received by the Balogun Fulani of Ilorin, Alhaji Sadiq Atiku Fulani, who represented the family. The IGP expressed his condolences and assured them of a thorough investigation.
“The IGP expressed his profound condolences and assured the family that no stone would be left unturned in uncovering the circumstances that led to the tragic incident. He has ordered the FCID to handle the case with utmost diligence and ensure a conclusive and impartial investigation,” the statement read.
The IGP reiterated the Nigeria Police Force’s commitment to upholding accountability, professionalism, and respect for human rights. He further called on all stakeholders to remain calm and allow the due process of law to take its course.
News
FG Lifts Five-Year Ban on Mining in Zamfara, Eyes Economic Boost
The Federal Government has officially lifted the five-year ban on mining activities in Zamfara State, citing improved security and the potential for economic growth in the mineral-rich region.
The announcement was made on Sunday by the Minister of Solid Minerals Development, Dele Alake, through his representative, Segun Tomori, during a press briefing in Abuja.
“The Federal Government has lifted the ban on mining exploration activities in Zamfara State, citing significant improvements in the security situation across the state,” the minister said in a statement.
Security Gains and Economic Promise
The ban, imposed in 2019 due to escalating insecurity and illegal mining, was described by Alake as a necessary but temporary measure to protect lives and resources. However, he noted that the ban inadvertently created a vacuum exploited by illegal miners, leading to resource plundering.
Alake praised recent security advancements under the Tinubu administration, highlighting the neutralization of notorious bandit commanders and other strategic wins, including the capture of Halilu Sububu, one of the state’s most wanted criminals.
“The existential threat to lives and properties that led to the 2019 ban has abated. The security operatives’ giant strides have led to a notable reduction in the level of insecurity,” Alake said.
He added that with the restoration of mining activities, Zamfara’s mineral wealth—ranging from gold and lithium to copper—could now be harnessed under strict regulation to contribute significantly to national revenue.
Boosting Regulation and Combating Illegal Mining
The minister emphasized that lifting the ban would pave the way for better regulation and monitoring of mining activities. This, he said, would enable authorities to tackle illegal mining more effectively and ensure Nigeria benefits fully from Zamfara’s mineral resources.
“By reopening this sector, we are prioritizing not only revenue generation but also intelligence gathering to curb illegal mining,” he said.
Addressing Controversies
Alake also addressed concerns surrounding Nigeria’s recent Memorandum of Understanding (MOU) with France, which had sparked controversy. He clarified that the agreement focused solely on capacity building and technical support for the mining sector.
“The high point of the MOU is on training and capacity building for our mining professionals. Similar agreements have been signed with Germany and Australia. Misinformation about ceding control over our mineral resources is uncalled for,” Alake said.
Press as Partners in Progress
Commending the media for their role in promoting reforms in the mining sector, Alake urged continued collaboration to drive transparency and attract foreign investments.
News
NNPCL Refutes Shutdown Claims: Port Harcourt Refinery Fully Operational
The Nigerian National Petroleum Company Limited (NNPCL) has dismissed media reports suggesting that the recently resuscitated old Port Harcourt refinery has been shut down, labeling such claims as baseless and misleading.
In a statement issued in Abuja on Saturday, the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, clarified that the refinery, with a capacity of 60,000 barrels per day, is “fully operational.”
The facility resumed operations two months ago after years of inactivity.
“We wish to clarify that such reports are totally false, as the refinery is fully operational, as verified a few days ago by former Group Managing Directors of NNPC,” Soneye said.
He added that preparations for the day’s loading operation are currently underway, emphasizing that the public should disregard the claims.
“Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip off Nigerians,” Soneye stated.
The old Port Harcourt refinery is part of the country’s efforts to revive its local refining capacity. Three years ago, the Federal Government approved $1.5 billion to rehabilitate the plant, which was initially shut down in 2019 due to operational challenges.
Despite being one of the largest oil producers globally, Nigeria has long relied on fuel imports to meet its domestic needs, swapping crude oil for petrol and other refined products. This dependency, coupled with government subsidies, has strained the nation’s foreign exchange reserves.
The recent return of the Port Harcourt refinery to operation follows the commissioning of the Dangote refinery, which began petrol production in September 2024. These developments are expected to reduce Nigeria’s reliance on imports and address long-standing issues in the petroleum sector.
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